Business Impact Analysis

Independent of Risk Assessment but an integral part of it, the Business Impact Analysis (BIA) measures the actual impact on business in the event that a business process or supporting IT systems are not available when required. Again, while the BIA is not a Business Process Management (BPM) exercise; it is usually the initiator of such an exercise.

Business Benefits:

  1. Ensures management and business buy-in.
  2. Delivers cost justification for disaster management.
  3. Improves business relationships.
  4. Ensures business continuity is focused on business requirements.
  5. Ensures communication within the organisation.
  6. Improves the Incident Management and Reporting process.
  7. Determines the technology to be implemented.
  8. Determines the roles and responsibilities across the organisation.
  9. Determines whether further technology is required.